Ethereum Faces Inflationary Pressure Post-Dencun Update
The Dencun update has rendered Ethereum (ETH) inflationary once more, potentially challenging its narrative as “ultra-sound” money, according to analysts at CryptoQuant. Following the hard fork, the average transaction fees on the network have decreased by approximately fourfold, despite maintaining the same level of activity as before the update. Consequently, the burn rate has plummeted […]